Services

Asset Management Program

Facility Asset Management Facility asset management

Effective facility asset management starts with a clear understanding of what you have, how you use it, and your future needs. FEA’s facility asset management services provide a structured, data-driven framework that helps organizations make confident, defensible decisions. By aligning with industry standards such as ISO 55001 Asset Management, we ensure your programs are practical, sustainable, and scalable.

We begin by collaborating with you to understand your mission, priorities, and goals. From there, we design a facility asset management framework that connects people, processes, and data into one cohesive strategy. Our process includes:

  • Building comprehensive asset inventories that serve as the foundation for decision-making
  • Prioritizing projects based on risk, mission impact, and lifecycle cost
  • Developing capital budgets and funding strategies that are transparent and defensible
  • Aligning policies, processes, and reporting with organizational goals and regulatory requirements
  • Embedding continuous improvement practices to sustain performance over time

 

Key Focus Areas

Facility Asset Data Management

Effective facility asset data management means building a clear picture of your assets to drive smarter decisions and planning. We support:

  • Evaluating IWMS and CMMS systems to ensure the best fit for organizational needs
  • Integrating data into CMMS, IWMS, or other facility planning platforms
  • Establishing protocols for data updates and long-term data integrity

 

Capital Planning and Prioritization

Capital planning begins with strategically prioritizing investments and allocating resources for maximum impact. Our services include:

  • Prioritizing projects by risk, mission impact, and lifecycle cost
  • Forecasting long-term capital needs and funding requirements
  • Connecting project prioritization to organizational goals and mission

 

Policies, Processes, and Governance

A strong asset management program goes beyond data – it builds clear policies, processes, and alignment with best practices. We help by:

  • Aligning policies and processes with ISO 55001 and industry best practices
  • Defining roles, responsibilities, and reporting structures
  • Ensuring governance frameworks support accountability and transparency

 

Optimizing Facility Resources

We help facility leaders optimize resources by moving beyond reactive maintenance toward strategic, long-term planning by:

  • Linking asset management to organizational mission and priorities
  • Balancing short-term operational needs with long-term investments
  • Embedding a culture of continuous improvement and performance measurement
  • Demonstrating responsible stewardship to stakeholders

 

The Result

An FEA Facility Asset Management program provides more than data – it delivers a framework. Our clients gain the insight, structure, and confidence to optimize resources, extend asset life, and align capital planning with organizational goals.

Learn more about how we have supported other clients with effective facility asset management:

University of Connecticut

Colorado State University

Key Team Members

Chairman and Principal

Chief Executive Officer

Related Projects

Oregon Department of Transportation
Facilities Master Plan & Financial Planning
University of Connecticut
Asset Management Plan
Minnesota Department of Transportation
Strategic Asset Management Plan